Trump to cut tariffs on Range Rovers in deal with Starmer

The US volition slash tariffs connected Range Rovers and different UK-made cars to 10pc arsenic portion of Donald Trump’s commercialized woody with the UK, The Telegraph understands.

The simplification volition signifier portion of a 12-month “temporary arrangement” up of striking what Britain and the US hopes volition beryllium a broad commercialized woody successful the coming months.

In return, the UK and US volition slash tariffs connected beef imports and exports adjacent to zero, though Britain volition not let hormone-treated beef into the UK arsenic portion of the deal.

President Trump announced caller 25pc tariffs connected foreign-made cars and car parts imported into the US successful March. Jaguar Land Rover halted exports to the world’s biggest system arsenic a result.

It is understood that British carmakers volition beryllium fixed a quota of 100,000 that volition beryllium capable to beryllium sent to American shores astatine little tariffs.

The 25pc tariff presently imposed connected UK alloy exports to the US volition besides beryllium reduced, though details of rates and quotas are inactive to beryllium finalised.

“We’ll get contiguous alleviation connected sectoral tariffs,” said a source.

Last year, British manufacturers exported conscionable implicit 100,000 cars to the US, according to the SMMT, making up astir 17pc of the industry’s overseas sales.

Those were typically high-end models: income to the US amounted to £9bn of exports, according to the Office for National Statistics, oregon much than 1 4th of the worth of each car exports.

US tariffs connected British beef typically alteration betwixt 4pc and 26pc depending connected the benignant and prime of cut, according to the WTO.
Britain’s tariffs connected American beef basal astatine up to 20pc.

While the commercialized woody volition beryllium a boost for Sir Keir Starmer, it falls abbreviated of the “full and comprehensive” statement that President Trump declared connected Thursday.

The US president, who volition unveil the woody astatine a property league successful the Oval Office astatine the White House connected Thursday afternoon, besides said the statement volition “cement the relationship” betwixt the 2 countries “for galore years to come”.

Downing Street says Sir Keir volition marque an announcement astir a woody with the US connected tariffs aboriginal connected Thursday.

“The Prime Minister volition ever enactment successful Britain’s nationalist involvement – for workers, for business, for families,” a No 10 spokesperson said.

The Department for Business and Trade has declined to comment.

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